Mr. BACA. Mr. Speaker, after a lifetime of service to our Nation, America's seniors deserve a secure retirement, a strong Medicare and Social Security safety net. Sadly. The House Republicans are choosing to give tax breaks to millionaires and billionaires over paying for Medicare.
The GOP budget will give those already making over $1 million a year an average tax cut of $394,000. All told, the Republican budget gives away $3 trillion in tax breaks to big oil companies that ship jobs overseas and the ultra-rich, and it does not reduce the deficit. That is wrong.
We should be giving tax breaks to hardworking middle class families, small businesses, and not the wealthiest few. We must end the Bush tax cuts for the rich. No new taxes, no new jobs. No new taxes, no new jobs. Let's work together on a bipartisan budget plan that protects Medicare and makes all Americans pay their fair share.